Listing Number: 76931-345527
Just reduced for a quick sale! Only 50% down payment! Seller financing is available to qualified buyers.
These two fajita catering, take-out, and delivery franchises just opened in Aug/Sep 2022 and are located in highly desirable areas of the Denver market. This franchise brand has been rated as a top food franchise by QSR Magazine, Fast Casual, and Market Watch! This is a unique opportunity to get in on the ground floor in the Denver market at a significantly reduced price. The typical startup cost for only one of these franchises is $400,000 plus. The sale also includes the development rights to four highly desirable territories in the Denver market.
This brand started in 2008 and has 30 locations open across the United States plus another 70 in the pipeline. The store atmosphere has a modern Tex Mex vibe and an efficient layout. Menu items include beef, chicken, and shrimp fajitas, enchiladas, quesadillas, flautas, salads, and accompanying side items such as rice, beans, queso, guacamole, and handmade tortillas. Don't forget your frozen margaritas and desserts too! Take out, delivery, and catering opportunities provide multiple revenue streams!
The restaurants for sale are 1,112-1,543 sq ft and are located in areas with excellent demographics, visibility, and traffic counts. The monthly rent (including CAM) is $4,200-$4,700 and there are 5-6 years remaining until lease expiration. Currently, because both locations are brand new there is limited financial information available. However, the average annual gross sales for the franchise is $864,011 per the Franchise Disclosure Document.
The listing price includes over $200,000 in FF&E, $600,000 in Leasehold Improvements, plus $10,000 in Inventory. There are 20 employees including 2 managers on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. The franchisor will also provide training to the new buyer.
The seller lives in Texas and can no longer travel as frequently due to recent change in family obligations.
- Price: $ 145,000
- Down Payment: $75,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 0
- Location: Denver County, Colorado
- Inventory: $ 10,000
- FF&E: $ 200,000
- Employees: 20
- Year Established: 2022
- Reason for Selling: Family Obligations
- Category: Restaurants